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» Chronological View: " Office " «

Axiare Patrimonio acquires its first property since the company's share capital increase

Axiare Patrimonio acquires its first property since the company's share capital increase

Axiare Patrimonio has completed its first acquisition following the share capital increase completed in March. The Socimi has invested €19.5 million in acquiring an office building comprising a GLA of 12,000 sqm and over 400 parking spaces. The property features 2,500 sqm floor plates, as well as an auditorium with capacity t...
Freitag, 24. März 2017
Glasgow: 58 Waterloo Street achieves practical completion

Glasgow: 58 Waterloo Street achieves practical completion

58 Waterloo Street, a prime office development located in the heart of Glasgow’s Central Business District, has achieved practical completion following an extensive refurbishment project. The property comprises 31,068 sq ft of Grade A office space over eight levels, providing a welcome boost to the city’s commercial property ...
Freitag, 24. März 2017

Deka Immobilien leases large area in the Hamburg Fleethof property

Deka Immobilien GmbH has extended a lease agreement for close to 5,600 m² of space with CMS Hasche Sigle, Hamburg. The international law firm, which has been located in the Fleethof since 1996, expanded its lease by around 1,700 m² to around 7,300 m² at the same time. The prestigious office building was built in 1993 in Hanse...
Freitag, 24. März 2017

Standard Life Investments secures WeWork for Hamburg

The Standard Life Investments European Real Estate Club L.P II (Euro Club II), has leased 7,800 sq m (83,958 sq ft) of office space in Hanse Forum in Hamburg to co-working and shared office space specialist, WeWork.
Freitag, 24. März 2017

Orchard Street acquires premier London gym

Orchard Street Investment Management today announces the freehold acquisition of a Virgin Active gym, located on Smugglers Way, Wandsworth, London for €14.98 million (£12.95 million). The transaction, made on behalf of St James's Place Property Unit Trust from TH Real Estate, reflects a net initial yield of 5.0%. 
Freitag, 24. März 2017

Exchange Tower secures new occupier to join impressive corporate line up

Kennedy Wilson Europe Real Estate has let the ground floor suite at its landmark office development Exchange Tower. CBRE and Montagu Evans acted on behalf of the LSE listed property company along with solicitors CMS Cameron McKenna. CIBTvisas has taken the remaining ground floor suite on a ten year lease. The suite had recent...
Donnerstag, 23. März 2017

Deka Immobilien leases around 3,400 m² of space in the Frankfurt Westend Sky office property

Deka Immobilien GmbH has concluded a long-term lease for around 3,400 m² of office space in the Frankfurt „Westend Sky“ office property. Willis Towers Watson will occupy the space at Ulmenstraße 30 in the autumn of 2017. The move allows the company to combine its locations in Frankfurt following the merger of Towers Watson an...
Donnerstag, 23. März 2017

Ryden wins two new management mandates

Ryden has recently been appointed to manage the property portfolios of Buccleuch Property and Caledon Property Group. The remit for both contracts includes day-to-day management, rent collection, service charge administration and health and safety compliance. The firm picked up the Buccleuch Property instruction for 20 assets...
Donnerstag, 23. März 2017

CLS Holdings disposes of the E.ON Allee office campus in Landshut

CLS Holdings has exchanged contracts to sell the E.ON Allee office campus in Landshut, 80km north east of Munich, for €30.2 million to European Commercial Real Estate Limited. The sale represents an uplift of €1.5 million, or 5.2%, over the external valuation at 31 December 2016. The campus comprises four office properties, p...
Donnerstag, 23. März 2017

CLS Holdings acquires Network Perlach property in Munich

CLS Holdings has exchanged contracts to acquire a multi-let office property in Perlach, in the south-east of Munich for €15.3 million. Network Perlach, Unterhachinger Strasse 75, Munich, comprises 9,449 sqm (101,708 sq ft) of office space which, with an occupancy rate of 88%, currently generates a rental income of €821,000 pe...
Donnerstag, 23. März 2017

Tech firms lead Edinburgh office takeover

Nearly a third (30%) of all office space transacted across Edinburgh in 2016 involved businesses working in technology, media or telecoms (TMT), compared with a UK average of 16 per cent, according to a new report from JLL. For a second year running, TMT occupiers were the most active business segment during 2016, accounting ...
Donnerstag, 23. März 2017

Tishman Speyer welcomes WeWork and Juwelier Friedrich to Junghof

Tishman Speyer announced two significant leasing agreements for the centrally-located Junghof on Neue Rothofstrasse in Frankfurt am Main. Situated in the heart of Frankfurt’s financial district, the iconic 257,257-square-foot eight-story office was designed by Schneider+Schumacher. Bounded by Junghofstrasse, Neue Mainzer Stra...
Donnerstag, 23. März 2017
Work starts on site at €121.5 million Leeds business park

Work starts on site at €121.5 million Leeds business park

Work has now started on site at a €121.5 million (£105 million) Yorkshire business park, which has the capacity to create 2,550 sustainable jobs. Glentrool Estates Group is now transforming a 75-acre site at Junction 42 of the A1(M) Sherburn-in-Elmet, Leeds into a first-class business and employment park. Called Sherburn2, th...
Donnerstag, 23. März 2017
Hines and Universal-Investment acquire two high-street retail assets

Hines and Universal-Investment acquire two high-street retail assets

Hines and Universal-Investment have completed the acquisition of two prime high street retail assets with associated office space in Madrid and Barcelona on behalf of the Bayerische Versorgungskammer (BVK) €1.3 billion separate account. These purchases represent the eighth and ninth acquisitions for the BVK mandate. In Madrid...
Donnerstag, 23. März 2017

Baltic Horizon Fund acquired Duetto I office building located in Vilnius

Baltic Horizon Fund on 19th of January 2017 signed a sales purchase agreement to acquire Duetto I office property in Vilnius. On 22nd of March 2017 the sales purchase agreement was signed with YIT Kausta būstas. The purchase price under the agreement was €14,6 million (excluding VAT). YIT Kausta būstas has also issued a two y...
Donnerstag, 23. März 2017

Grosvenor Europe sells Fleet Place House

Grosvenor Europe has agreed the sale of Fleet Place House in the City of London. It has been sold to Beijing Capital Development Holdings (referred to as Beijing SHOKAI, former BCDH) on behalf of the Grosvenor London Office Fund (GLOF) for €111.5 million (£96.5 million). BNP Paribas Real Estate acted for Grosvenor and Savills...
Mittwoch, 22. März 2017

Grand Coast Capital acquires mixed-use property in Dublin

Grand Coast Capital Group has acquired Swords Plaza, a 101,285 sq. ft. retail and office complex located on Main Street in Swords, County Dublin. The centrally located mixed-use property presents a significant opportunity for value-add positioning and includes a variety of top-performing local, national and international tena...
Mittwoch, 22. März 2017